Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Autoclaved Aerated Concrete Block (AAC Block) Market by Type (A1.0, A2.0, A2.5, A3.5, A5.0, A7.5, A10), By Application (Commercial, Industrial, Residential) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Autoclaved Aerated Concrete Block (AAC Block) Market by Type (A1.0, A2.0, A2.5, A3.5, A5.0, A7.5, A10), By Application (Commercial, Industrial, Residential) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 147362 3300 Chemical & Material 377 237 Pages 4.6 (47)
                                          

The global autoclaved aerated concrete block (AAC Block) market is expected to grow at a CAGR of 6.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for AAC blocks in residential and commercial applications. The demand for AAC blocks in residential and commercial applications is expected to increase due to their low cost, high strength, and durability. The global autoclaved aerated concrete block (AAC Block) market has been segmented on the basis of type, application, and region. On the basis of type, it has been segmented into A1.0, A2.0, A2.5, A3.5, A5.0 and A7.5; on the basis of application it has been segmented into commercial buildings & structures such as hotels & restaurants; industrial buildings such as factories; residential buildings such as houses & apartments; on the basis of region it has been segmented into North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC) and Middle East & Africa (MEA).

Some Of The Growth Factors Of This Market:

  1. AAC blocks are made of a mixture of sand, cement, and water.
  2. The blocks are then heated to a high temperature in an autoclave to produce steam and heat the mixture.
  3. This process creates a strong block that is resistant to fire, insects, and rot.
  4. AAC blocks have been used for decades in Europe as an alternative building material for homes and commercial buildings.
  5. The use of AAC blocks has increased in recent years due to their low cost.

Industry Growth Insights published a new data on “Autoclaved Aerated Concrete Block (AAC Block) Market”. The research report is titled “Autoclaved Aerated Concrete Block (AAC Block) Market research by Types (A1.0, A2.0, A2.5, A3.5, A5.0, A7.5, A10), By Applications (Commercial, Industrial, Residential), By Players/Companies ACICO Industries, Aercon AAC, Aerix Industries, Aircrete Group, AKG Gazbeton, Biltech Building Elements Limited (Avantha Group), HIL Limited, Siporex India, Magicrete Building Solutions, JK Lakshmi Cement, UltraTech Cement, Bacchi, BAUROC AS, Brickwell, Broco Industries (LeichtBric Premium AAC), Buildmate Projects, Domapor Baustoffwerke, Qianyuan Building”.

Scope Of The Report

Report Attributes

Report Details

Report Title

Autoclaved Aerated Concrete Block (AAC Block) Market Research Report

By Type

A1.0, A2.0, A2.5, A3.5, A5.0, A7.5, A10

By Application

Commercial, Industrial, Residential

By Companies

ACICO Industries, Aercon AAC, Aerix Industries, Aircrete Group, AKG Gazbeton, Biltech Building Elements Limited (Avantha Group), HIL Limited, Siporex India, Magicrete Building Solutions, JK Lakshmi Cement, UltraTech Cement, Bacchi, BAUROC AS, Brickwell, Broco Industries (LeichtBric Premium AAC), Buildmate Projects, Domapor Baustoffwerke, Qianyuan Building

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

237

Number of Tables & Figures

166

Customization Available

Yes, the report can be customized as per your need.


Global Autoclaved Aerated Concrete Block (AAC Block) Industry Outlook


Global Autoclaved Aerated Concrete Block (AAC Block) Market Report Segments:

The global Autoclaved Aerated Concrete Block (AAC Block) market is segmented on the basis of:

Types

A1.0, A2.0, A2.5, A3.5, A5.0, A7.5, A10

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Commercial, Industrial, Residential

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. ACICO Industries
  2. Aercon AAC
  3. Aerix Industries
  4. Aircrete Group
  5. AKG Gazbeton
  6. Biltech Building Elements Limited (Avantha Group)
  7. HIL Limited
  8. Siporex India
  9. Magicrete Building Solutions
  10. JK Lakshmi Cement
  11. UltraTech Cement
  12. Bacchi
  13. BAUROC AS
  14. Brickwell
  15. Broco Industries (LeichtBric Premium AAC)
  16. Buildmate Projects
  17. Domapor Baustoffwerke
  18. Qianyuan Building

Global Autoclaved Aerated Concrete Block (AAC Block) Market Overview


Highlights of The Autoclaved Aerated Concrete Block (AAC Block) Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. A1.0
    2. A2.0
    3. A2.5
    4. A3.5
    5. A5.0
    6. A7.5
    7. A10
  1. By Application:

    1. Commercial
    2. Industrial
    3. Residential
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Autoclaved Aerated Concrete Block (AAC Block) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Autoclaved Aerated Concrete Block (AAC Block) Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


AAC Blocks are a type of concrete block that is made using an autoclave. The autoclave process heats the blocks to temperatures high enough to cause them to expand and form a strong bond between the concrete and the steel reinforcing bars. This makes AAC Blocks stronger than traditional concrete blocks and less likely to suffer from cracks or other damage.

Some of the major players in the autoclaved aerated concrete block (aac block) market are ACICO Industries, Aercon AAC, Aerix Industries, Aircrete Group, AKG Gazbeton, Biltech Building Elements Limited (Avantha Group), HIL Limited, Siporex India, Magicrete Building Solutions, JK Lakshmi Cement, UltraTech Cement, Bacchi, BAUROC AS, Brickwell, Broco Industries (LeichtBric Premium AAC), Buildmate Projects, Domapor Baustoffwerke, Qianyuan Building.

The autoclaved aerated concrete block (aac block) market is expected to grow at a compound annual growth rate of 6.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Autoclaved Aerated Concrete Block (AAC Block) Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Autoclaved Aerated Concrete Block (AAC Block) Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Autoclaved Aerated Concrete Block (AAC Block) Market - Supply Chain
   4.5. Global Autoclaved Aerated Concrete Block (AAC Block) Market Forecast
      4.5.1. Autoclaved Aerated Concrete Block (AAC Block) Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Autoclaved Aerated Concrete Block (AAC Block) Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Autoclaved Aerated Concrete Block (AAC Block) Market Absolute $ Opportunity

5. Global Autoclaved Aerated Concrete Block (AAC Block) Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Autoclaved Aerated Concrete Block (AAC Block) Market Size and Volume Forecast by Type
      5.3.1. A1.0
      5.3.2. A2.0
      5.3.3. A2.5
      5.3.4. A3.5
      5.3.5. A5.0
      5.3.6. A7.5
      5.3.7. A10
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Autoclaved Aerated Concrete Block (AAC Block) Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Autoclaved Aerated Concrete Block (AAC Block) Market Size and Volume Forecast by Application
      6.3.1. Commercial
      6.3.2. Industrial
      6.3.3. Residential
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Autoclaved Aerated Concrete Block (AAC Block) Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Autoclaved Aerated Concrete Block (AAC Block) Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Autoclaved Aerated Concrete Block (AAC Block) Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Autoclaved Aerated Concrete Block (AAC Block) Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Autoclaved Aerated Concrete Block (AAC Block) Demand Share Forecast, 2019-2026

9. North America Autoclaved Aerated Concrete Block (AAC Block) Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Autoclaved Aerated Concrete Block (AAC Block) Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Autoclaved Aerated Concrete Block (AAC Block) Market Size and Volume Forecast by Application
      9.4.1. Commercial
      9.4.2. Industrial
      9.4.3. Residential
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Autoclaved Aerated Concrete Block (AAC Block) Market Size and Volume Forecast by Type
      9.7.1. A1.0
      9.7.2. A2.0
      9.7.3. A2.5
      9.7.4. A3.5
      9.7.5. A5.0
      9.7.6. A7.5
      9.7.7. A10
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Autoclaved Aerated Concrete Block (AAC Block) Demand Share Forecast, 2019-2026

10. Latin America Autoclaved Aerated Concrete Block (AAC Block) Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Autoclaved Aerated Concrete Block (AAC Block) Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Autoclaved Aerated Concrete Block (AAC Block) Market Size and Volume Forecast by Application
      10.4.1. Commercial
      10.4.2. Industrial
      10.4.3. Residential
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Autoclaved Aerated Concrete Block (AAC Block) Market Size and Volume Forecast by Type
      10.7.1. A1.0
      10.7.2. A2.0
      10.7.3. A2.5
      10.7.4. A3.5
      10.7.5. A5.0
      10.7.6. A7.5
      10.7.7. A10
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Autoclaved Aerated Concrete Block (AAC Block) Demand Share Forecast, 2019-2026

11. Europe Autoclaved Aerated Concrete Block (AAC Block) Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Autoclaved Aerated Concrete Block (AAC Block) Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Autoclaved Aerated Concrete Block (AAC Block) Market Size and Volume Forecast by Application
      11.4.1. Commercial
      11.4.2. Industrial
      11.4.3. Residential
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Autoclaved Aerated Concrete Block (AAC Block) Market Size and Volume Forecast by Type
      11.7.1. A1.0
      11.7.2 A2.0
      11.7.3. A2.5
      11.7.4. A3.5
      11.7.5. A5.0
      11.7.6. A7.5
      11.7.7. A10
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Autoclaved Aerated Concrete Block (AAC Block) Demand Share, 2019-2026

12. Asia Pacific Autoclaved Aerated Concrete Block (AAC Block) Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Autoclaved Aerated Concrete Block (AAC Block) Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Autoclaved Aerated Concrete Block (AAC Block) Market Size and Volume Forecast by Application
      12.4.1. Commercial
      12.4.2. Industrial
      12.4.3. Residential
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Autoclaved Aerated Concrete Block (AAC Block) Market Size and Volume Forecast by Type
      12.7.1. A1.0
      12.7.2. A2.0
      12.7.3. A2.5
      12.7.4. A3.5
      12.7.5. A5.0
      12.7.6. A7.5
      12.7.7. A10
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Autoclaved Aerated Concrete Block (AAC Block) Demand Share, 2019-2026

13. Middle East & Africa Autoclaved Aerated Concrete Block (AAC Block) Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Autoclaved Aerated Concrete Block (AAC Block) Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Autoclaved Aerated Concrete Block (AAC Block) Market Size and Volume Forecast by Application
      13.4.1. Commercial
      13.4.2. Industrial
      13.4.3. Residential
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Autoclaved Aerated Concrete Block (AAC Block) Market Size and Volume Forecast by Type
      13.7.1. A1.0
      13.7.2. A2.0
      13.7.3. A2.5
      13.7.4. A3.5
      13.7.5. A5.0
      13.7.6. A7.5
      13.7.7. A10
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Autoclaved Aerated Concrete Block (AAC Block) Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Autoclaved Aerated Concrete Block (AAC Block) Market: Market Share Analysis
   14.2. Autoclaved Aerated Concrete Block (AAC Block) Distributors and Customers
   14.3. Autoclaved Aerated Concrete Block (AAC Block) Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. ACICO Industries
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Aercon AAC
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Aerix Industries
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Aircrete Group
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. AKG Gazbeton
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Biltech Building Elements Limited (Avantha Group)
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. HIL Limited
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Siporex India
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Magicrete Building Solutions
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. JK Lakshmi Cement
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. UltraTech Cement
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Bacchi
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. BAUROC AS
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. Brickwell
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. Broco Industries (LeichtBric Premium AAC)
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. Buildmate Projects
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. Domapor Baustoffwerke
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. Qianyuan Building
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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